Meta Earnings Top Estimates Amid Big Growth in AI Spending
9 hours ago · Meta Is Boosting Its Spending on AI The results came as the company boosted its spending to support its AI ambitions, with $39 billion in expenditures for 2024, up from $28 …
Meta posts sharply higher Q4 profit, revenue | AP News
9 hours ago · “We continue to make good progress on AI, glasses, and the future of social media,” said CEO Mark Zuckerberg in a statement. For the current quarter, Meta said expects revenue …
Meta Q4 2024 Earnings: Record Quarterly Revenue and Profit
9 hours ago · For Q4, Wall Street analysts on average expected Meta to post $46.99 billion in revenue and earnings per share of $6.76, according to LSEG Data & Analytics. Related Stories
Meta to Pour Cash Into AI Tech, Beats Wall Street Earnings
1 day ago · Meta Platforms Inc revealed a blowout Q4 in its latest earnings report, ... partly due to its investment in generative AI technology. Revenue in Q4 was $48.4 billion, with net income …
Meta beats earnings as it prepares to spend tens of billions on AI
1 day ago · Meta beats earnings as it prepares to spend tens of billions on AI The tech giant reported revenues of $48.4 billion for the fourth quarter — above Wall Street's expectations. By.
Meta blows past Q4 earnings expectations, focuses on personalized AI …
7 hours ago · Meta earned $48 billion in revenue during Q4 2024 compared to $40 billion in Q4 2023. The company's full-year earnings totaled $164 billion, a 22% increase over 2023's $134 …
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters ... - Deadline
9 hours ago · The Facebook founder said Meta could invest $60 million to $65 million in AI this year. Watch on Deadline DeepSeek claimed to have made a good large language model and …
Corning Beats On Q4: AI Boom Powers 51% Optical Sales Surge, …
17 hours ago · Display Technologies’ sales grew by 12% Y/Y to $971 million. Optical Communications sales increased by 51% Y/Y to $1.368 billion, led by continued strong …
Meta to announce Q4 earnings amid AI spending spree
1 day ago · In Q4, Meta is expected to report earnings per share of $6.75 on revenue of $46.9 billion, according to Bloomberg data. That’s up from the $5.33 on $40.1 billion the company …
ASML earnings report Q4 2024 - CNBC
1 day ago · Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.
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